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A Case Study Of Vanity Company's Control Rights Contention

Posted on:2018-09-04Degree:MasterType:Thesis
Country:ChinaCandidate:Z ZengFull Text:PDF
GTID:2429330566463884Subject:Finance
Abstract/Summary:PDF Full Text Request
Since the reform and opening up,with the active support of national policies,China's listed companies have been rapid development.Among them,Vanke Enterprise Co.,Ltd.(000002,stock name: Vanke A,hereinafter referred to Vanke company)after three decades of sharpening become the leading real estate industry big brother.When everyone thinks that the star can continue to shine,permanent bright,but in the outbreak of the battle with the Enron in 2012 to compete for events.Vanke was pushed to the cusp,leading the industry and outside for the company to control a wide range of control.Based on the analysis of the economic environment and the background of the real estate industry,with the deepening of the modern enterprise system and the continuous enrichment of the ownership structure,the paper analyzes the economic environment and the background of the real estate industry.Under the premise of analyzing the economic environment and the real estate industry,Listed companies in order to fit the market requirements,followed by economic trends,most will take to attract capital shares,expand the ownership structure of the model.However,the expansion of this model is the drawbacks of many enterprises did not think deeply.Combo Vanke control for the details of the competition,Bao can continue to placards in the secondary market has become the largest shareholder of Vanke,but Vanke does not welcome Po can,so Vanke major shareholder ownership and Wang Shi as the representative of the right to operate officially started,Later,Hengda Group to join the equity dispute is confusing,by analyzing the Vanke in corporate governance problems,to understand the control of the allocation is the core.The founder of the company,the major shareholders and professional managers in the control of the dispute will cause a huge change in corporate governance structure,Vanke founder Wang Shi due to the wrong decision when the restructuring,buried hidden dangers,and ultimately lead to the founder of the loss of discourse,Lost,and thus power down,was run out.Control of competition not only affects the company's image and the internal friction will cause some economic impact.Vanke incident is an alarm,we can see in the brutal competition in the market economy,China's current market environment is not perfect,the development and implementation of legal policy is not satisfactory,but also exposed the loopholes in China's regulation The Therefore,it is very important to put forward the corresponding policies and measures to adapt to China's market system according to the domestic economic market environment,promote the comprehensive strengthening and sound system of financial supervision,and form a diversified and stable corporate governance structure,so as to control the governance of listed companies in China To solve the problem of pre-control of the company to provide reasonable advice and thinking.
Keywords/Search Tags:Battle for control, Corporate governance, Ownership structure, Vanke company
PDF Full Text Request
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